New York Mortgage Trust Inc reports results for the quarter ended in September - Earnings Summary

Adamas Trust

03/11/2021 11:26

* New York Mortgage Trust Inc  NYMT.OQ  reported quarterly
adjusted earnings of 9 cents​​ per share for the quarter ended
in September. The mean expectation of eight analysts for the
quarter was for earnings of 11 cents per share.
* Revenue rose 21.6% to $31.03 million from a year ago; 
analysts expected $43.70 million. 
* New York Mortgage Trust Inc's reported EPS for the quarter was
10 cents​.
* The mean earnings estimate of analysts had fallen by
about 3.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* New York Mortgage Trust Inc shares had risen by 1.6% this
quarter and gained 17.3% so far this year.
* The company reported quarterly net income of $36.86 million.
* Wall Street's median 12-month price target for New York
Mortgage Trust Inc is $4.75 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated November 3 at 11:26 a.m.
 ​All figures in US dollars unless otherwise stated